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Car Crashes Into Angela Merkel's Office Gate: Reuters
Wednesday, November 25, 2020 - 7:55am | 220Reuters reports that a car with slogans has crashed into the gates of German Chancellor Angela Merkel’s Berlin office on Wednesday. What Happened: The crashed car had slogans “Stop Globalisation Politics” written on one side and “You damn killers of children and...
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Eurozone Reports Increased Trade Surplus
Friday, May 17, 2013 - 6:50am | 330The euro traded steadily at $1.28 on Friday morning after data on Thursday showed that the region's March trade surplus was at its highest level since 1999, when the eurozone was created. The Wall Street Journal reported that the eurozone's trade surplus increased during the first three months of...
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Cypriot President Says Levy Isn't Likely to be Passed
Tuesday, March 19, 2013 - 8:23am | 283The euro continued to slide on Tuesday morning as Cypriot lawmakers prepared to vote on a new controversial tax amendment that would help fund the nation's debt by raising 5.8 billion euros through a levy on banks that would force account holders to shoulder the debt. The meeting has been delayed...
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Merkel Considers Cameron's Proposal to Renegotiate British Membership with the EU
Friday, January 25, 2013 - 8:25am | 366The euro traded steadily on Friday morning even after UK Prime Minister David Cameron gave a worrying speech on Wednesday; in which he promised to but Britain's membership to the EU to a vote if his Conservative party won the upcoming election. Following his speech, the common currency was little...
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Euro High as Greek Bond Buyback Begins
Tuesday, December 4, 2012 - 7:19am | 346After a week of speculation in the market about the Greek debt buyback structure, the details were announced on Monday. The buyback is crucial to Greece's recovery because the International Monetary Fund (IMF) has claimed they will not release their portion of the country's bailout money until they...
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Angry Protestors Highlight Social Unrest In Eurozone, Currency Remains Under Pressure
Thursday, October 11, 2012 - 6:56am | 377The euro has started off Thursday morning steady, opening at 1.2868 despite the International Monetary Fund's recent negative statements about the currency's weakness. The IMF gave little good news on Wednesday, painting a bleak picture of global economic slowdown and cautioning investors. The...
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US Stock Futures Signal Higher Start On Wall Street
Monday, December 5, 2011 - 7:28am | 310US stock futures are higher this morning, ahead of economic data. Futures on the Dow Jones Industrial Average jumped 114 points to 12,114.00 and futures on the S&P 500 stock index rose 13 points to 1,256.50. Nasdaq 100 futures surged 21 points to 2,324.25. US stocks closed flat on Friday, with...